This preview shows page 1. Sign up to view the full content.
Unformatted text preview: t offshoring drives down wages in the US labor market is an overstatement.
(Ammachchi 2014) About a quarter of US companies offshore to other countries, mainly in the
manufacturing sector of industry. However the majority of employers work with contractors and
suppliers inside the United States. According to Tim Sturgeon, a senior researcher at MIT’s
Industrial Performance Center, “The portrait that emerges is of two economies – an entirely
domestic one made up of small firms and public organizations, and another one consisting of
large firms with muc...
View Full Document
This document was uploaded on 03/06/2014 for the course BUS 1301 at Dallas.
- Spring '14